News SK hynix says its 3D DRAM is half as expensive to produce — credits EUV chipmaking tools

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Half as expensive to make yet just as expensive on shelves quite likely.
Allas the packaging is twice as expensive so prices will have to go up by half.
Also it rained that’s an other 10% and that drought added an other 20% that strike no one expected and the issues in the Middle East making transport harder ends up making it only 2.19x as expensive as regular ram.

For most of the world, California and the EU should expect an other 30% carbon tax on them
 
Half as expensive to make yet just as expensive on shelves quite likely.
Even in that scenario, society benefits, because the value of the memory does not depend on the cost of production. The buyer determines the value.

If production costs are halved, society regains half of the resources to be used for other purposes.

In reality, reducing costs makes it more profitable to produce higher volumes at lower prices, but this is a secondary benefit compared to the resources saved.

This is why socialism fails: socialists believe that value is equal to the cost of production, making it impossible to determine what to produce, in what quantities, and at what quality. There are countless uses for the same resource, and the cost remains the same regardless of how the resource is used. For example, using one barrel of oil to build a house or to burn a house has the same "value": it costs the same one barrel of oil. If it takes 1 kg of iron to make a hammer, each hammer has the same "value" whether you make one or a billion. Each hammer has the same cost, but in reality, the first hammer has high real value, because it's scarce, and everybody needs it, while a billion hammers are worthless.

Instead, in capitalism, people does everything possible to make the most valuable products, at the lower cost, to maximize profits. The more profits people makes, the richer and prosperous gts the society. If you make 1 hammer, you make a lot of money, but as you rise production, your profits drop, so you know where to stop, and society can use the remaining resources to maximize the profit making other products.
 
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Allas the packaging is twice as expensive so prices will have to go up by half.
Also it rained that’s an other 10% and that drought added an other 20% that strike no one expected and the issues in the Middle East making transport harder ends up making it only 2.19x as expensive as regular ram.

For most of the world, California and the EU should expect an other 30% carbon tax on them
Then it will suddenly double when AICoin decides on it's own to empty everyone's wallet to buy up the market for its plans for global domination...
 
Even in that scenario, society benefits, because the value of the memory does not depend on the cost of production. The buyer determines the value.

If production costs are halved, society regains half of the resources to be used for other purposes.

In reality, reducing costs makes it more profitable to produce higher volumes at lower prices, but this is a secondary benefit compared to the resources saved.
The buyer never gets to decide the value. Society does not get the rest of the value because sk rarely lowers their prices.
 
The buyer never gets to decide the value. Society does not get the rest of the value because sk rarely lowers their prices.
The buyer is the one and only who decides the value. When you buy anything, you decide that his value is higher than his price.

When you buy, you win the consumer surplus. It is a well established economic concept.

800px-Economic-surpluses.svg.png


AND the value is in the product, so you get 100% of the value, because YOU get the product.
 
When you buy anything, the major purchaser (e.g. corporate buyers) decides that his value is higher than his price. It is a well established economic concept.

AND the value is in the product, so you get less than 100% of the value, because YOU are the product.
ftfy
 
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